St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-03-21
Despite Large Olearanoes of Wheat at the
Seaboard on Satur-
day,
Chicago Prices on the Golden Cereal Did
Not Advance in Sym
pathy.
New York, Liverpool and Chicago
Are Hand and Glove in Their
Movements.
Transactions in the Financial Circles
of Wall Street--General
Quotations.
Special to the Globe.

able, with clearanceS of wheat ut the sea
board OF 539,116 bushels, that the price OF
wheat did not at once advance. 1t was al
evidence that the manipulation of the clique
is occupying an abnormal share of attention.
This shipment of over 100000 bushels in q
single day did not, when it became public,
affect the price at al. The crowd simply
stood stupidity and did not trade. 1t was one
OF the singular phenomena of the stuauon.
Even Liverpool is singing the tune heard
here in Chicago for so long. The official
cable this morning said: "Liverpool-Wheat
irregular and governed altogether by manip-
ulation." New York now has the story that
1.-The Chicago wheat clique owns 5000, 900
bushels there, while there are less than T.
100000 of the contract grade in store" This
illustrates two facts equally well. One is
that New York, Chicago and Liverpool are
not as closely together for the purposes of
grain speculation as Chicago and Milwaukee
used 70 be when the latter was worth being
taken into consideration; and the other, that
the agencies which are working to boost prices
are the same, and eXerted usually simultGne
ously in New York, Liverpool and Chicago.
May wheat closed at l O'clock at almost the
top price for the day. l12c. Just before the
close number of the clique houses, including
irwin, Green Co.. kerShaw & Co., and Rey-
iolds & Co., were large buyers of May wheat
IL was surprising how much they could get.
SerShaw x Co., took one lot of loo, 600 bush
els at Sl5sc. Thirteen boat loads were re-
ported taken to-day for export from New
York, but the feeling among the New Yor k
ers seemed to be that the clearances next
week might be smaller than they had been
this. The quiet in wheat and the other markets
here has been laid at the door of the wheat
and pork manipuiators. But to-day at New
York the business IN stocks was the smallest
for year. Oil is as dull as stocks. IL would
be more reasonable, consequently, to charge
the dizziness here to universal speculative
lethargy which temporarily has taken pos
session of people all over the country. There
will be about 435 cars of corn in Monday, and
perhaps nearly 500 on Tuesday Corn bulled
a little at the last minute to-day out Of SYM
pathy with wheat, but there really does not
seem to be much prospect for the bulls in it
until after April l, when the rush to get corn
in on specially low rates will be over.
THE EOUTINE REPORT.
CHICAGO, March 19.-Trading in wheat was
quiet and during most of the session the
market dragged quite heavily. The clear
ances from the three Atlantic ports aggre-
gated $4,000 bushels, which held the market
firm, and there was an advance of 1@@5sc
near the close on reported export buying at
the Seaboard. The receipts again showed an
increase. aggregating 45T,0UC bushels at
eleven points. 1t was estimated that the Wis
lble supply would show decrease of nearly
10,000,0U0 bushels. May delivery opened u
shade easier at S01sc, fell Oft to S05sc, rallied
~ o1|sc anu clOSeQ at neafly OUTSIDE ngOreS.
Corn was quiet and weak. The offerings
were fairly large and caused May to decline
10 39lsc, with possibly few trades shade
lower, rallied Il tritie and closed the same as
yesterday. Oats were dull and featureless
while mess pork was unchanged. Lard was
quiet at about former prices. Short ribs
were shade tirmer, but closed at yesterdays
figures.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. 9, March, opened at 7534c, closing
ut 757sc; May. SO7sc, closing at SIG;
June, SOs4c, closing at 81; July, s05sc.
closing at S05sc. Corn-No. 2. March.
341sc. closing ut 3414c; May, 3914c, closing at
$3.50; June. 4O14c, closing at 4O14c:
July. 4114c, closing at 4114c. Oats-No. 2,
March, 24c. closing at 24c; May, 2S5sc, closing
ut 2S1sc; June, 29c, closing at 29c.
Mess pork, per barrel-March, $50. 10, closing
at $20.l0; May, 5000, closing at 5000; June,
f20.5O, closing at 5000. Lard, per 100 pounds
March, $50, closing at S7.25: May,
S1.321a. closing at S7.371a; June, S7.37L, clos
ing at S1.4213. Short ribs per 100 pounds
March, $40. closing at $7.671a; May, $3.50,
closing at SI.171a; June $780, closing at ST. so.
Cash quotations were as follows: Flour, quiet
aud unchanged. Wheat-No. 2 spring, 1870
sc; No. 3spriug, nominal; No. red, nominal.
Corn-No. 2, 341s0362sc. Oats-No2, 24@5241Sc.
Rye-No. 2, SAGE. Barley-No. 2, soc.
Flax Seed No. l, S1.07$4. Timothy seed, prime,
Sl-e51i-S4. Mess pork, per Dbl, 1925.
Lard, per 100 lbs, S7.27%. Short ribs, sides,
loose. 1907. dry sailed shoulders, boxed,
S6(96.25; short clear sides, boxed, SS.25@8 so.
Whisky, dlstllers' finished goods, per gal,
Sl.ls. Sugars. cut loaf, 6A@67ac: granu-
lated. sc; standard "a" 51a@55kc Re
ceipts-Flour, 81 900 bbls; wheat, 20, 600 bu;
corn, 243,00c bu: oats, 114OOO blu; rye. 1000
bu; barley, $4,000 bu. Shipments-Fiour,
$4,000 bbls: wheat, 25, 600 blu: corn, 1000
bu: oats. 100000 blu; rye, 1000 bu: barley, TO-
COO bu. On the produce exchange to-day the
butter market was active and steady; cream
cry, 24G3lc per 10; dairy, 22@26c. Eggs, 1872
Q13s4c per doz.